Jeff Yass Susquehanna International Group
Jeff Yass is a co-founder of Susquehanna International Group (SIG), a major global trading and market-making firm. SIG is known for options expertise, quantitative trading, and a training culture grounded in probabilistic decision-making. Yass’s firm is influential across derivatives markets even though it is less of a traditional long-only stock-picking franchise.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.46B |
| 2 |
Apple
AAPL
|
+$931M |
| 3 |
Tesla
TSLA
|
+$793M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$769M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$644M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Citigroup
C
|
+$703M |
| 2 |
Bank of America
BAC
|
+$690M |
| 3 |
Amazon
AMZN
|
+$678M |
| 4 |
JPMorgan Chase
JPM
|
+$601M |
| 5 |
Meta Platforms (Facebook)
META
|
+$431M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.38% |
| 2 | Consumer Discretionary | 1.48% |
| 3 | Healthcare | 0.92% |
| 4 | Communication Services | 0.78% |
| 5 | Financials | 0.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EA
526
PUT
DELISTED
Electronic Arts
EA
| $141M | 0.02% |
983,400
-269,600
| -22% | -$34.8M |
|
527
CALL
MGM Resorts International
MGM
$11B
| $141M | 0.02% |
4,478,100
-2,366,400
| -35% | -$60.9M |
|
528
PUT
Eli Lilly
LLY
$1.12T
| $141M | 0.02% |
834,500
-328,300
| -28% | -$49M |
|
|
XLNX
529
PUT
DELISTED
Xilinx Inc
XLNX
| $140M | 0.02% |
987,200
-220,800
| -18% | -$28.7M |
|
530
PUT
Abbott
ABT
$202B
| $140M | 0.02% |
1,278,200
-143,500
| -10% | -$15.6M |
|
531
Carnival Corporation Ltd
CCL
$35.2B
| $139M | 0.02% |
6,412,532
+3,326,827
| +108% | +$59.2M |
|
532
PUT
RingCentral
RNG
$5.6B
| $139M | 0.02% |
366,200
-34,400
| -9% | -$10.7M |
|
533
PUT
Altria Group
MO
$110B
| $139M | 0.02% |
3,382,900
+57,800
| +2% | +$2.32M |
|
534
Sea Limited
SE
$72B
| $139M | 0.02% |
696,231
+424,452
| +156% | +$75.6M |
|
535
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.31B
| $138M | 0.02% |
2,086,700
-1,424,800
| -41% | -$69.2M |
|
536
Novavax
NVAX
$1.47B
| $138M | 0.02% |
1,239,947
+715,863
| +137% | +$76.1M |
|
537
CALL
Scotiabank
BNS
$107B
| $138M | 0.02% |
2,550,600
+1,920,300
| +305% | +$91M |
|
538
AstraZeneca
AZN
$257B
| $138M | 0.02% |
1,376,492
+248,213
| +22% | +$26.3M |
|
539
PUT
Northrop Grumman
NOC
$78.3B
| $137M | 0.02% |
448,800
+59,800
| +15% | +$18.3M |
|
540
PUT
Illumina
ILMN
$33.1B
| $136M | 0.02% |
377,070
-167,462
| -31% | -$53.4M |
|
541
PUT
Danaher
DHR
$154B
| $135M | 0.02% |
685,824
+188,150
| +38% | +$37.7M |
|
542
CALL
Arista Networks
ANET
$238B
| $135M | 0.02% |
7,420,800
+3,304,000
| +80% | +$52.4M |
|
543
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.4B
| $134M | 0.02% |
1,513,200
-559,300
| -27% | -$47.1M |
|
|
XLNX
544
CALL
DELISTED
Xilinx Inc
XLNX
| $133M | 0.02% |
940,300
+217,100
| +30% | +$28.2M |
|
|
JMIA
545
CALL
Jumia Technologies
JMIA
$840M
| $132M | 0.02% |
3,281,600
+1,633,100
| +99% | +$39.9M |
|
546
PUT
Southwest Airlines
LUV
$19.8B
| $132M | 0.02% |
2,840,600
-263,300
| -8% | -$11.4M |
|
547
CALL
Airbnb
ABNB
$110B
| $132M | 0.02% |
+897,000
| New | +$132M |
|
548
Johnson & Johnson
JNJ
$651B
| $131M | 0.02% |
834,739
+104,758
| +14% | +$15.5M |
|
|
SFIX
549
CALL
Stitch Fix
SFIX
$446M
| $130M | 0.02% |
2,220,300
-190,400
| -8% | -$8.15M |
|
|
550
PUT
MGM Resorts International
MGM
$11B
| $130M | 0.02% |
4,129,000
-1,533,800
| -27% | -$39.5M |
|
Similar funds
Jeff Yass's Q4 2020 Portfolio in Review
As of Q4 2020, Jeff Yass held 12,204 positions worth $612B, up 17% from $522B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Jeff Yass's Q4 2020 filing shows 1,723 new, 4,580 increased, 4,534 reduced and 1,264 closed positions. Its largest new stake was International Flavors & Fragrances: 726,729 shares worth $79.1M. The largest sale was Citigroup, an estimated $703M.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, up from 2% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Jeff Yass's largest Q4 2020 buy was International Flavors & Fragrances: 726,729 shares worth $79.1M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q4 2020, an estimated $1.46B increase.
- Jeff Yass's biggest Q4 2020 reduction was Citigroup, cutting an estimated $703M.
- Jeff Yass fully exited Vanguard Total International Bond ETF in Q4 2020, selling an estimated $146M.
- Jeff Yass's ten largest holdings make up 32% of its $612B portfolio in Q4 2020.
- Jeff Yass opened 1,723 new positions and closed 1,264 in Q4 2020.
- Jeff Yass's portfolio value rose 17% quarter-over-quarter to $612B.
Based on Susquehanna International Group's 13F filing for Q4 2020, filed 16 Feb 2021.